John Adams

Bermuda launches a stablecoin; Canada cracks down on crypto; big banks make high-profile payment appointments, and other news.  

The payments company has expanded digital-asset management services to Luxembourg, a potential foothold for European Union expansion.

Attacks designed to gauge the value of a stolen card are growing quickly as the transaction mix becomes more digital, with smaller and more frequent purchases.

Payment fintechs are finding that their best opportunities are overseas — and for a lot of companies, that means building a market to take on American incumbents.

A $1 billion investment from Credit Suisse gives the startup the means to bring its all-in-one payment card to a new market.

The transfer service is reportedly building a standardized system to reimburse victims. It could take a lot of complex work to execute the plan.

Banks like BNY Mellon can compete with payment tech startups, or they can partner with them to make the most of their innovations. But in doing so, they give a potential competitor a direct line to the bank's sizable customer base.

The card company has rapidly expanded its business products this year, focusing on the hardships caused by inflation and supply-chain issues.

Bank of the West and Mastercard are separately advancing use cases for digital issuance to overcome the supply-chain slowdowns and other issues straining the global economy.

The Swedish buy now/pay later lender insists it is on a path to profitability, despite mounting losses.